Russ Berrie U.S. Gift Spins Off USA Promotional Products
Chicago-based Russ Berrie U.S. Gift Inc., dba The Encore Group, a leading international giftware supplier, announced the sale of its USA Promotional Products division in Winston-Salem, N.C. to a privately held group.
The sale includes the name, Xpres, which was the original name of the company in the promotional products market in 1990. All employees associated with the business in Winston-Salem, N.C. will remain with the new company. Jan Reid, with 28 years experience with the seller, has been hired to be the company's new CEO.
“This sale will allow Xpres to focus on the needs of its promotional and souvenir distributors more fully. By keeping the employee infrastructure in place, we expect this transition to be seamless to our clients. We are extremely excited regarding this opportunity to expand our product offering as well as printing techniques we need to grow our presence in this market,” stated Reid.
For more information call (800) 447-6334.